The Greater Toronto Area’s real estate market in March 2024 saw a subtle retreat in sales compared to March 2023, attributed partly to the calendar shift of Good Friday. With 6,560 properties changing hands, the market experienced a 4.5% decrease from the previous year. However, new listings rose by 15%, indicating a market rich in choices for prospective buyers. Compared to February 2024, which had 5,607 sales, there’s an observable month-to-month spike, suggesting an upcoming positive trend. Price Dynamics and Buyer Activity: March’s average selling price ascended to $1,121,615, reflecting ..read more

As the frost of winter thaws, the Greater Toronto Area (GTA) real estate market is witnessing a vibrant resurgence. February 2024 has been a pivotal month, with an appreciable uptick in home sales, new listings, and modest increases in selling prices. This wave of activity, buoyed by population growth and a steadfast regional economy, is reshaping the landscape of housing demand, despite the backdrop of higher borrowing costs. The air of optimism is palpable among buyers, fueled by the speculation that the Bank of Canada’s rate hikes have plateaued, with anticipations of forthcoming rate reduc ..read more

Mississauga, ON – February 20, 2024 – Premier Racquet Clubs Mississauga (PRC Mississauga) proudly announces Sam McDadi Real Estate as its official real estate partner. This exciting partnership marks a significant milestone in the development of PRC Mississauga, a premier sports and recreation destination set to revolutionize the tennis and pickleball scene in the Greater Toronto Area. Scheduled to open its doors on October 1st, 2024, PRC Mississauga is the brainchild of renowned tennis enthusiast Karl Hale. With a distinguished career as a Davis Cup Player, Coach, and Captain, as well as a fo ..read more

When selling your home, creating a welcoming and appealing atmosphere is vital. First impressions are everything. One of the most effective ways to achieve this is through strategically using neutral wall colours. From the timeless elegance of off-whites to the warmth of creamy beiges, these hues can enhance the overall look and feel of a space, making it more inviting to potential buyers. In this blog, we’ll explore the advantages of using neutral colours in home staging and provide insights into which rooms they are best suited for. We’ll also highlight 15 of the best neutral wall colours fr ..read more

As the first month of 2024 unfolds, the Greater Toronto Area’s real estate landscape reveals intriguing dynamics, shaped by a confluence of economic factors and shifting market conditions. Let’s delve into the latest Toronto Regional Real Estate Board (TRREB) report for January 2024, unpacking the nuances and trends that define the current state of the GTA’s housing market. Market Performance Overview In January 2024, home sales in the GTA surged, showcasing a robust 37% increase compared to the same period in 2023. This notable uptick in sales activity hints at a potential resurgence in buye ..read more

As the final quarter of 2023 unfolded, the Toronto Regional Real Estate Board (TRREB) released its latest Rental Market Report, offering valuable insights into the evolving landscape of rental housing in the Greater Toronto Area (GTA). Amidst population growth and shifting economic conditions, the rental market continued to demonstrate resilience and dynamism. Expanding Rental Sector in the GTA The fourth quarter of 2023 saw a significant increase in condominium apartment leasing activity, with the number of lease transactions rising by 12.6% compared to the same period last year. This surge ..read more

Unwrapping the Year’s Final Chapter As the curtain falls on 2023, the GTA’s real estate market in December captivates us with nuances, signifying both the challenges faced and the resilience demonstrated throughout the year. Let’s delve into the specifics of December and cast a retrospective glance over the past six months to comprehend the evolving narrative of Toronto’s real estate landscape. December Highlights: Signs of Renewed Vigor Average Selling Prices: December witnessed a 3.2% increase in the average selling price for all homes in the GTA, reaching $1,084,692. Particularly notable w ..read more

As the chilly winds of November swept through the Greater Toronto Area, so did the winds of change in the real estate landscape. Economic uncertainties and the persistent weight of borrowing costs continued to influence the market, bringing about shifts in sales, listings, and pricing dynamics. Let’s delve into the intricacies of November 2023, comparing and contrasting the trends with the previous month and the same period last year. Market Performance Recap In November 2023, GTA REALTORS® reported a total of 4,236 home sales through TRREB’s MLS® System. This marked a 6% decline compared to ..read more

Basketball fans, get ready to see a familiar face from the Toronto real estate scene at the Raptors’ games! In an exciting development, Team McDadi is thrilled to announce its new status as the Official Real Estate Brokerage of the Toronto Raptors. This lifelong interest has now transformed into an unparalleled partnership that promises to bring together the world of sports and real estate. This exciting venture begins on November 1st at the Scotiabank Arena during the Raptors’ highly-anticipated match against the Milwaukee Bucks. Tune in to witness a takeover like no other. Fans attending wil ..read more

The Greater Toronto Area’s real estate landscape continued its intricate dance with economic factors throughout October 2023. Affordability concerns and economic uncertainties, coupled with the ever-watchful eyes on Bank of Canada decisions, influenced home sales, presenting a nuanced scenario for potential buyers and sellers. Market Performance Snapshot In October 2023, REALTORS® reported 4,646 home sales through TRREB’s MLS® System in the GTA, marking a 5.8% decline compared to the same month in 2022. This dip in sales was more pronounced in ground-oriented housing segments, including semi ..read more